Dec 9, 2024 | Current Affairs
Chancellor Rachel Reeves will address European finance leaders in Brussels, calling for a reset in UK-EU relations to boost economic growth. In the first address by a British Chancellor to the Eurogroup since Brexit, Reeves will outline plans to “break down trade...
Dec 6, 2024 | Current Affairs
According to the Society of Motor Manufacturers and Traders (SMMT), one in four cars sold in the UK last month was electric, marking the 11th consecutive monthly increase in EV registrations. However, this growth came at a cost, with manufacturers offering £4 billion...
Dec 2, 2024 | Current Affairs
HMRC has extended the processing time for agent services account (ASA) and VAT agent reference number applications to 40 working days – eight weeks – up from the previous 28 days. This change applies from the date HMRC receives an application. Applications for an ASA...
Nov 29, 2024 | Current Affairs
Two years after ChatGPT sparked a surge in artificial intelligence development, the Government has launched GOV.UK Chat, an experimental chatbot designed to deliver personalised, quick answers using information from relevant GOV.UK pages. Unlike HMRC’s tax manuals,...
Nov 27, 2024 | Current Affairs
As the self assessment season picks up, HMRC has urged taxpayers to be alert to scams. Over the past year, nearly 145,000 scam attempts were reported, a 16.7% increase compared to the previous year. Fraudsters often pose as HMRC, using fake tax refund offers or...
